Both individuals and businesses can benefit from filing for bankruptcy when they are unable to repay their debts and are in need of debt relief. There are different kinds of bankruptcy, and each has its own set of procedures. While this may seem overwhelming, a bankruptcy attorney can help simplify the process.
Bankruptcy law is complicated. Bankruptcy proceedings often require knowledge of the state and federal laws and extensive paperwork and detailed documentation of all the debtor’s liabilities and assets. Using legal representation, when filing for bankruptcy, can make the process proceed smoothly and expediently. Even minor mistakes in the bankruptcy petition and filing process can compromise a filer’s rights. Therefore, hiring an attorney can be very beneficial for completing complicated paperwork.
Bankruptcy requires communication between debtors and creditors about negotiations, settlements and specifics of court proceedings. It’s important that the correct information be relayed between the right parties. A bankruptcy attorney will properly handle these communications in addition to representing the debtor in court proceedings and meetings.
Unlike bankruptcy filers, attorneys generally have established connections with clerks, judges, other attorneys and other parties to their clients’ cases. Attorneys also have a strong knowledge of the court system handling their client’s case, and can keep a case running through the system.
Hiring an attorney to help with debt relief can make filing for bankruptcy a seamless process. Do it right and easy by contacting me today.